Truvestments Capital LLC Boosts Stock Holdings in Ryder System, Inc. $R

Key Points

• Truvestments Capital LLC has increased its stake in Ryder System, Inc. by 20.1%, owning a total of 31,957 shares valued at approximately $4.6 million.
• The company's quarterly dividend has been raised to $0.91, reflecting an increase from the previous $0.81, with a dividend yield of 1.9%.
• Ryder System's stock recently reported earnings that surpassed analyst expectations, with a net margin of 3.99% and revenue of $3.19 billion for the quarter.

Truvestments Capital LLC raised its holdings in shares of Ryder System, Inc. (NYSE:R - Free Report) by 20.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,957 shares of the transportation company's stock after acquiring an additional 5,340 shares during the quarter. Ryder System comprises approximately 1.0% of Truvestments Capital LLC's portfolio, making the stock its 21st biggest holding. Truvestments Capital LLC owned approximately 0.08% of Ryder System worth $4,596,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of R. Wellington Management Group LLP raised its holdings in Ryder System by 16.2% during the 1st quarter. Wellington Management Group LLP now owns 2,984,836 shares of the transportation company's stock valued at $429,249,000 after acquiring an additional 415,103 shares during the period. Leigh Baldwin & CO. LLC bought a new stake in Ryder System during the 4th quarter valued at $40,475,000. GAMMA Investing LLC raised its holdings in Ryder System by 20,298.3% during the 1st quarter. GAMMA Investing LLC now owns 183,789 shares of the transportation company's stock valued at $26,431,000 after acquiring an additional 182,888 shares during the period. Nuveen LLC bought a new stake in Ryder System during the 1st quarter valued at $18,204,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Ryder System during the 4th quarter valued at $16,317,000. Institutional investors own 87.47% of the company's stock.

Ryder System Price Performance

NYSE:R traded up $0.41 during midday trading on Monday, hitting $187.53. The company had a trading volume of 250,983 shares, compared to its average volume of 272,799. Ryder System, Inc. has a 52-week low of $125.54 and a 52-week high of $189.35. The stock's fifty day moving average price is $174.81 and its 200-day moving average price is $157.23. The company has a market capitalization of $7.65 billion, a PE ratio of 15.95 and a beta of 0.98. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 2.27.

Ryder System (NYSE:R - Get Free Report) last announced its earnings results on Thursday, July 24th. The transportation company reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.11 by $0.21. Ryder System had a net margin of 3.99% and a return on equity of 17.83%. The company had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.17 billion. During the same period in the previous year, the business earned $3.00 earnings per share. The firm's quarterly revenue was up .2% compared to the same quarter last year. Ryder System has set its Q3 2025 guidance at 3.450-3.650 EPS. FY 2025 guidance at 12.850-13.300 EPS. As a group, research analysts expect that Ryder System, Inc. will post 13.68 earnings per share for the current year.

Ryder System Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 19th. Investors of record on Monday, August 18th will be given a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.9%. This is a boost from Ryder System's previous quarterly dividend of $0.81. The ex-dividend date is Monday, August 18th. Ryder System's dividend payout ratio (DPR) is presently 30.95%.

Insider Buying and Selling

In related news, CFO Cristina Gallo-Aquino sold 1,000 shares of the company's stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $180.87, for a total value of $180,870.00. Following the completion of the transaction, the chief financial officer directly owned 26,561 shares in the company, valued at approximately $4,804,088.07. The trade was a 3.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Steve W. Martin sold 5,500 shares of the company's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $186.98, for a total transaction of $1,028,390.00. Following the completion of the transaction, the executive vice president owned 24,235 shares of the company's stock, valued at $4,531,460.30. This trade represents a 18.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 41,618 shares of company stock valued at $7,587,997 in the last three months. 5.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Robert W. Baird boosted their target price on shares of Ryder System from $186.00 to $192.00 and gave the company an "outperform" rating in a report on Monday, July 28th. Barclays assumed coverage on shares of Ryder System in a research report on Monday, June 9th. They set an "overweight" rating and a $190.00 price target for the company. JPMorgan Chase & Co. boosted their price target on shares of Ryder System from $165.00 to $173.00 and gave the company a "neutral" rating in a research report on Tuesday, July 8th. Susquehanna assumed coverage on shares of Ryder System in a research report on Tuesday, July 15th. They set a "positive" rating and a $215.00 price target for the company. Finally, Baird R W upgraded shares of Ryder System to a "strong-buy" rating in a research report on Tuesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $186.50.

Ryder System Company Profile

Ryder System, Inc operates as a logistics and transportation company worldwide. It operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full-service leasing and leasing with flexible maintenance options; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers; access to diesel fuel; and fuel planning and tax reporting, cards, and monitoring services, and centralized billing, as well as sells used vehicles through its retail sales centers and www.ryder.com/used-trucks website, as well as digital and technology support services.